Top 3 Airdrops that JUST STARTED (AUGUST UPDATE)
Description
If you're looking for an early airdrop play with good rewards, these are the top 3 airdrop campaigns that recently started: Kakarot Testnet, ZarosFi and Sonic Odyssey. We also cover a TOP secret strat...
AI Analysis
Alright, let's dive into some juicy airdrop opportunities that are just kicking off! This video lays out three fresh campaigns – Kakarot, ZarosFi, and Sonic – where getting in early means you can maximize your potential rewards. Plus, there's a super cool "secret strategy" revealed at the end to help you figure out which Ethereum-based airdrops are really worth your time.
Here's a breakdown of the key airdrop plays and strategies discussed:
* Kakarot Public Testnet
* Kakarot is a ZKEVM (Zero-Knowledge Ethereum Virtual Machine) project, which is a big deal in the crypto space. It's even backed by heavyweights like Starkware and Vitalik Buterin, which is a strong signal of its potential.
* The public testnet recently went live, and this is a prime opportunity because they're planning to introduce a testnet community point system. This means that not just developers, but regular users like us will be able to earn points that will likely convert into a future airdrop. The fact that a point system is being implemented is a strong indicator of an upcoming airdrop.
* To get involved, you'll first need some testnet Kakarot ETH from their Sepolia faucet. Just connect your wallet and claim it.
* Once you have the testnet ETH, you can start interacting with their dApps.
* Izumi Finance: On Izumi, you can swap tokens and place limit orders. It's currently in alpha, so things might be a bit buggy, and features like LP staking/farming aren't supported yet. Just focus on basic swaps to show activity.
* Swaplace: This dApp is still quite early, and you might encounter RPC (Remote Procedure Call) issues, meaning things don't always load perfectly. For now, the main action is to mint ERC20 tokens. ERC721 minting isn't available. They plan to have OTC (Over-The-Counter) trading features once the RPC issues are sorted, which could be a big deal for custom trades.
* Hisoka Finance: Similar to the others, Hisoka Finance allows token swaps. The front-end is also a bit buggy, but it's possible to make swaps. The presenter notes that these early-stage bugs are a clear sign you're truly early to the project.
* Overall, Kakarot gets a B- tier rating. The presenter feels that developers might be favored for this airdrop, similar to Starknet, but the promise of a community point system suggests that user activity will also be rewarded. It's considered a good "day one" early-positioning play because the point system hasn't even launched yet.
* ZarosFi Alpha Testnet
* ZarosFi is a DEX (Decentralized Exchange) that creatively combines perpetual futures with liquid staking and liquid restaking yields. It's currently running on Arbitrum Sepolia but is set to be one of the first protocols to build on Monad, a blockchain that VCs are incredibly bullish about.
* This airdrop campaign is super early, currently in "pre-season one" of their Dragon Fortnite campaign. This indicates that there will be multiple phases, and getting in now puts you at the front.
* Earning Z points is the goal, as these will be converted into ZRS tokens. A massive 40% of their total token supply is allocated to Z points incentives, meaning there will be many waves of airdrops for this project.
* To start, it's recommended to use a referral link (the presenter provides theirs) to get a free mystery box containing ZRS tokens.
* You'll need Arbitrum Sepolia ETH to create a trading account and mint 100,000 USDC testnet tokens, which you then deposit into your trading account.
* The primary way to earn Z points is by making profits from trading on their testnet.
* Beyond trading, you can also complete daily access tasks and claim Z points for achieving specific trading volume (like $10K, $50K, $100K) or profit targets.
* For those holding ZRS tokens on the mainnet in the same wallet, you can earn an additional 1,000 Z points daily for every 5,000 ZRS you hold. The current ZRS token is valued at one cent, with a fully diluted valuation (FDV) of $10 million, indicating a lot of tokens are still locked up.
* Don't forget the community badges! Many of these are social quests linked through Galaxy, which are currently underfarmed (only 2,600 "oats" minted for a social quest), offering an easy way to grab some Z points.
A critical point about trading: The typical "delta neutral" strategy (opening a long and a short position simultaneously to minimize risk and maximize volume) doesn't work* on ZarosFi. If you try to open an opposing position, it will partially close your existing one. This means actual trading skill to make a profit is key for earning Z points. Be careful not to get liquidated!
* The presenter is optimistic about ZarosFi's potential, especially if it manages to capture market share in liquid staking and restaking, and if Monad lives up to its VC hype when it launches.
* Sonic Odyssey
* Sonic is an atomic SVM (Solana Virtual Machine) chain, essentially a gaming-focused Layer 2 blockchain built on Solana. They recently raised $12 million from top-tier VCs, signaling strong confidence in their project.
* Their "Odyssey" campaign started in mid-June, and the point system for the airdrop consists of "rings" and "ring mystery boxes." These rings will be converted into future airdrops.
* While their new "Testnet Frontier" phase is currently limited to whitelisted users, non-whitelisted users can still farm on "Sonic Origin."
* To get started, connect your wallet, preferably Backpack Wallet or Nightly Wallet. For Backpack, you'll need to enable developer mode in settings, then add the Sonic RPC node under "Test Network."
* Once connected, claim Solana testnet tokens from their Faucet on the dashboard.
* Head to the Odyssey task center to complete various tasks. These are straightforward, including social tasks, one-time actions, and daily check-ins.
* Daily check-ins are crucial as they grant "ring mystery boxes," which are RNG-based and can give you between one to five rings each.
* A key part of farming is reaching transaction milestones. Completing 100 transactions daily (resets UTC) earns you six ring mystery boxes. The easiest way to do this is by repeatedly sending Solana testnet tokens to another testnet Solana wallet address (the presenter even offers their address for this!).
* You can also play games in the "Game Adventure" section to earn rings and mystery boxes. Some games even involve signing transactions, which helps with your daily transaction milestone.
* The presenter appreciates Sonic's user-friendly interface and clear task tracking.
* Secret Strategy for Ethereum-based Airdrops (using Pendle)
* This is a quantitative method to identify potentially lucrative Ethereum-based airdrops. The tool for this is Pendle, specifically its "points market."
* Pendle's points market is a large marketplace where future "points" from various upcoming projects are traded. These points are expected to convert into airdrop tokens later.
* To use this strategy, look for projects on Pendle that offer a high fixed yield APY (Annual Percentage Yield), especially anything over 10%. The presenter points out examples like Symbiotic, Mellow, and Karak.
* The idea is that if the "futures" of these points are being traded for a high value or offer high yields, it indicates that the market believes these points (and thus the future airdrop) will be very valuable. It's a sign of what's "hot" and actively being farmed.
* If you spot a high-yield project, it's worth researching it further on platforms like Ether.fi to understand more about its points system and overall potential.
* While this is a great way to get a bird's-eye view of the market and identify promising airdrops, it's important to remember that many new projects are experimental, and high yields often come with higher risks.
In summary, these three projects—Kakarot, ZarosFi, and Sonic—offer fantastic opportunities to position yourself early for significant airdrop rewards. By following the steps outlined and leveraging the secret Pendle strategy for Ethereum-based projects, you can significantly increase your chances of getting more than just "air" in the next wave of drops.
Transcript
So I heard you guys complain that airdrops are really hard to get now. A lot of people end up just getting air, but ain't got no drops. Stupid lame joke. But projects have been stingier and the airdrops a little bit smaller. However, if you get in early, you still get a lot. This is why we tabulated the top three airdrops that are starting right now and you get to get in early on to get the most rewards. We've got Ron here. Hello, how's it going? How's your research been? Awesome. His awesome r...